The Process and Requirements of the Bankruptcy Mediator in SpainOn December 13, 2013, the Spanish Council of Ministers adopted the Royal Decree on the Development of the Determined Aspects of Law 5/2012, of July 6, 2012, on Mediation in …Read more
Justice Protects Preferred-Stock Owners in SpainIn general, Spanish courts are protecting those purchasers of preferred stock who do not meet the profile of a suitable investor for these products nor those who are sufficiently informed …Read more
Approval of the Royal Decree Developing the Mediation Law on Civil and Commercial Matters in SpainThe draft legislation introduces reforms and guidelines for corporate governance that would promote initiatives to emphasize: the shareholders’ meeting to intervene in the management of the company; the separation of the voting on agreements on issues that are substantially independent; the extended deadline for contesting social agreements, etc.Read more
Spain publishes the new special VAT cash regime’s rulesThe new VAT cash regime allows business owners to pay the tax when it is effectively paid rather than when the bill is issued. This option is available to small and medium sized companies as well as self-employed persons with a total revenue of less than 2 million euros.Read more
Court Fees: Payment by Foreign Companies and Non-Residents in SpainOn November 21, 2012, the Spanish Legal Bulletin (BOE) announced the Law 10/2012 of November 20, which regulates certain fees in the area of the Administration of Justice and the …Read more
Growth of mediation in private law in SpainThe Decree clarifies the Law 15/2009, 22nd of July, on mediation in private law. The Act responds to the need to expand mediation by opening up the possibility, in private …Read more
Mediation Law for Civil and Commercial Issues in SpainMediation is a voluntary way to resolve disputes between two parties with the help of a third party, qualified to be impartial and neutral to guide these parties in achieving …Read more
Reform of the Arbitration Reform Act in SpainThe reform outlined in Law 11/2011, dated May 20, 2011, does not bring about drastic changes to the existing arbitration system. Nevertheless, it introduces significant advancements with the ultimate aim of fortifying and encouraging arbitration in Spain, seeking to establish the country as an appealing destination for international arbitration cases.Read more
Enforcement of Foreign Judgments in SpainDetermining jurisdiction in international disputes and recognizing/enforcing foreign judgments can be complex. To streamline this process, it is advisable for parties in cross-border agreements to thoroughly agree on jurisdiction and applicable law in case of a dispute.Read more
The arbitration reform, an alternative to solve conflicts in SpainThe objective of the arbitration reform in Spain is to encourage alternative dispute resolution mechanisms, reducing the workload and costs of the Tribunals. With arbitrators appointed by the involved parties, the expectation is for arbitration proceedings to become more expeditious.Read more